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Aluminium: Alcoa to resume operations at San Ciprián smelter by 2024
The world leader in aluminium, alumina and bauxite Alcoa, plans to reactivate the aluminium smelter at its complex in San Ciprián, Spain, by 2024. In December 2021, Alcoa had announced a two-year pause to focus on developing ideas for a more robust smelter operation,...
Copper: Aurubis’ Q1 profit falls due to high energy prices
Aurubis AG, Europe's largest copper producer, reported Q1 profit falls (around 24)%, due to high energy prices and inflation that weighed on it despite strong demand, but maintained optimistic estimates for full-year profits. In the first quarter to end-December of...
Steel: EU exports down 15 per cent in January-November 2022
According to the first-quarter Economy and Steel Markets Outlook 2023-2024/2023 report published by the European Steel Producers' Association, total EU steel exports fell by 15% in the first 11 months of last year compared to the previous year. In this period, exports...
Metallurgical market: energy prices become a key factor for the European market
Energy prices became a key factor for the European steel market in 2023, with Russia's military invasion of Ukraine triggering numerous issues globally and, in particular, affecting the energy balances of several regions, as Russia was one of the world's leading...